Reallifetrading

PCLN pre market, post earnings anlysis

NASDAQ:PCLN   None
PCLN is up HUGE right now. There was a lot of buying previous to this gap. Likely then, some sellers will come in this morning. This current set up is an advanced FADE (meaning, I'm looking to short the bullish gap). The 100/200 SMA likely will act as a resistance of some kind. If PCLN opens above them tough, the chances of this trade working are slim.

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